HIL Q3 FY24 results: loss at ₹7.18Cr, Revenue increased by 2.23% YoY
HIL declared their Q3 FY24 results on 02 Feb, 2024. The topline increased by 2.23% & the loss came at ₹7.18cr. It is noteworthy that HIL had declared a profit of ₹12.53cr in the previous fiscal year same period. As compared to the previous quarter, the revenue grew by 8.44%.
The Selling, general & administrative expenses rose by 3.29% q-o-q & increased by 22.1% Y-o-Y.
The operating income was down by 9.97% q-o-q & decreased by 156.75% Y-o-Y.
The EPS is ₹-9.52 for Q3 FY24, which decreased by 157.21% Y-o-Y.
HIL has delivered 2.42% return in the last 1 week, -5.81% return in the last 6 months, and 3.41% YTD return.
Currently, HIL has a market cap of ₹2194.06 Cr and a 52wk high/low of ₹3275 & ₹2202.1 respectively.
As of 04 Feb, 2024, out of 1 analyst covering the company, 1 analyst has given a Hold rating.
The consensus recommendation as of 04 Feb, 2024, was to Hold.
The company has also declared an interim dividend of ₹15.0. The record date for the dividend is 14 Feb, 2024, and the ex-dividend date will be 14 Feb, 2024.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 784.24 | 723.22 | +8.44% | 767.17 | +2.23% |
| Selling/ General/ Admin Expenses Total | 116.03 | 112.33 | +3.29% | 95.03 | +22.1% |
| Depreciation/ Amortization | 29.81 | 28.92 | +3.08% | 27.09 | +10.04% |
| Total Operating Expense | 797.48 | 735.26 | +8.46% | 743.84 | +7.21% |
| Operating Income | -13.24 | -12.04 | -9.97% | 23.33 | -156.75% |
| Net Income Before Taxes | -10.64 | -24.5 | +56.57% | 17.32 | -161.43% |
| Net Income | -7.18 | -15.78 | +54.5% | 12.53 | -157.3% |
| Diluted Normalized EPS | -9.52 | -32.89 | +71.06% | 16.64 | -157.21% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹-7.18Cr
Question : What is Q3 FY24 revenue?
Ans : ₹784.24Cr
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Published: 04 Feb 2024, 02:45 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.